A new report by the National Low-Income Housing Coalition shows that there is no state in the U.S. where a full-time, minimum-wage worker can afford the rent of a one-bedroom apartment.
According to the report, the national average Housing Wage in 2015 is $19.35 for a two-bedroom unit, and $15.50 for a one-bedroom unit, while the federal minimum wage remains at $7.25 per hour in 2015, which hasn’t been raised since 2009. In 13 states and D.C., Housing Wage is more than $20 per hour. The Housing Wage is an estimate of the full-time hourly wage that a household must earn to afford a decent apartment at HUD’s estimated Fair Market Rent (FMR) for no more than 30% of their income.
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Showing posts with label living wage. Show all posts
Showing posts with label living wage. Show all posts
Monday, June 8, 2015
Tuesday, January 8, 2013
How Many Minimum-Wage Hours Does It Take To Afford a Decent Life?
So much of the talk surrounding the jobs crisis focuses on unemployment, but a huge portion of those who do have jobs are barely clinging to a decent lifestyle. In 2010, one in five American adults worked for poverty-level wages, 4.4 million of whom earned wages at or below the federal minimum.
The infographic, from the National Low Income Housing Coalition, makes painfully clear just how hard it is to make ends meet on these wages. Want a modest two-bedroom apartment in New York state for the standard 30 percent of your income? You're going to have to toil at a minimum-wage job for 136 hours a week
The infographic, from the National Low Income Housing Coalition, makes painfully clear just how hard it is to make ends meet on these wages. Want a modest two-bedroom apartment in New York state for the standard 30 percent of your income? You're going to have to toil at a minimum-wage job for 136 hours a week
Tuesday, November 18, 2008
Living Wage Calculator
The Department of Geography at Penn State has put together this website, described thusly: "In many American communities, families working in low-wage jobs make insufficient income to live locally given the local cost of living. Recently, in a number of high-cost communities, community organizers and citizens have successfully argued that the prevailing wage offered by the public sector and key businesses should reflect a wage rate required to meet minimum standards of living. Therefore we have developed a living wage calculator to estimate the cost of living in your community or region. The Calculator lists typical expenses, the living wage and typical wages in the location you have selected."
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